Form 4: Palatin CFO/COO Stephen Wills Reports Tax-Related Share Dispositions

Palatin Technologies Executive VP and CFO/COO Stephen T. Wills reported tax-related dispositions of common stock totaling 212 shares at $21.38 per share.

Summary

• Stephen T. Wills, Executive VP and CFO/COO of Palatin Technologies Inc. (PTN), reported dispositions of common stock.
• These transactions, totaling 212 shares, occurred on December 30, 2025, at a price of $21.38 per share.
• The shares were withheld by the issuer, with the reporting person's election and issuer's consent, to cover employee withholding taxes related to vested stock grants.
• The per share value of $21.38 was determined as of December 8, 2025, the date of vesting for the underlying grants.
• The reported dispositions include 26 shares withheld from a grant of 95 shares, 91 shares withheld from a grant of 330 shares, and 95 shares withheld from a grant of 345 shares.
• Following these transactions, Mr. Wills beneficially owns 63,276 shares of Palatin Technologies common stock.

Sentiment

Score: 5

Explanation: This Form 4 filing reports routine, tax-related share dispositions by an executive, which is a standard compliance event and does not inherently indicate positive or negative sentiment regarding the company's performance or outlook.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary tax-related transaction by an executive, not a sale indicating a change in confidence.

Key Dates

Keywords

Palatin Technologies, PTN, Form 4, Insider Transaction, Share Disposition, Executive Compensation, Stephen T. Wills